The most IMPORTANT part of ALL of this is to make sure you are working with a loan officer that has the experience and know exactly where to take your loan to make sure you can  ADD back expenses or the LO runs it up the flag pole upfront with the lender to get the green light.  

I just finished reading David Greene’s book on out of state real estate investing that was all about building a team to be your eyes and ears so that’s definitely the plan.

To get transactional funding, you have to eat the cost of $2,000 to transactionally fund the house.  

Originally posted by @Jonathan Greene:@Jim K.

Those can eat into your CF and they are adjustable year-by-year at the juristiction of the Home Owners Board.

That alone could eat a sizable portion of your annual profit. 

It is simple, but not always easy.Losing 50 pounds is simple, just exercise more than you eat.

Hi,I'm new here and also green when it comes to rental properties in California.

A single focused mentor would be great, but maybe you hang with one new friend who owns a rental, and one who's flipped a few houses, and get great ideas from a quick chat with a wholesaler at an REI lunch meeting.I have been blown away by reading Never Eat Alone by Keith Ferrazzi, about how to build a network of connections for professional success.  

And hey, the world is big and interesting.Anyway, here's what they (digital nomads)need and some of what they want: FAST WIFI above all, after that a little "zoom room" kind of space separate from the general living area is idealclean, simple look. lots of conveniently placed outletsgood places within walking/biking distancebike storage/laundry in unitdishwasherappliances should be and look new and the kitchen should be visually appealing but singles will order out more than they cooklow VOC paint and other quasi-green touches are nice things to add and put in an ad as a signal.